Trivago N.V. ADS (NASDAQ:TRVG)‘s stock had its “market perform” rating reiterated by stock analysts at Cowen and Company in a note issued to investors on Wednesday. They presently have a $18.00 price target on the technology company’s stock, down from their prior price target of $20.00. Cowen and Company’s target price would suggest a potential upside of 8.24% from the company’s current price.

Several other analysts have also weighed in on TRVG. Zacks Investment Research upgraded shares of Trivago N.V. ADS from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research report on Wednesday, April 26th. Bank of America Corporation reiterated a “neutral” rating and set a $24.00 target price (up from $18.00) on shares of Trivago N.V. ADS in a research report on Wednesday, May 17th. Susquehanna Bancshares Inc reiterated a “neutral” rating and set a $23.00 target price (up from $14.00) on shares of Trivago N.V. ADS in a research report on Wednesday, May 17th. ValuEngine upgraded shares of Trivago N.V. ADS from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Wells Fargo & Company initiated coverage on shares of Trivago N.V. ADS in a research report on Wednesday, July 12th. They set a “market perform” rating and a $23.00 target price on the stock. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $21.18.

Trivago N.V. ADS (NASDAQ TRVG) traded up 0.18% during trading on Wednesday, reaching $16.63. 2,883,819 shares of the company’s stock were exchanged. The company’s 50-day moving average is $21.49 and its 200-day moving average is $16.20. Trivago N.V. ADS has a 1-year low of $10.88 and a 1-year high of $24.27. The company has a market capitalization of $3.98 billion and a PE ratio of 573.45.

Trivago N.V. ADS (NASDAQ:TRVG) last issued its earnings results on Friday, August 4th. The technology company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.01 by $0.02. The firm had revenue of $298.30 million for the quarter, compared to analyst estimates of $293.16 million. The company’s revenue for the quarter was up 66.6% compared to the same quarter last year. Equities research analysts expect that Trivago N.V. ADS will post $0.12 earnings per share for the current fiscal year.

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A number of institutional investors have recently made changes to their positions in the stock. Macquarie Group Ltd. purchased a new position in shares of Trivago N.V. ADS during the fourth quarter valued at about $246,000. Acadian Asset Management LLC purchased a new position in shares of Trivago N.V. ADS during the first quarter valued at about $2,949,000. Kornitzer Capital Management Inc. KS increased its position in shares of Trivago N.V. ADS by 4.8% in the first quarter. Kornitzer Capital Management Inc. KS now owns 104,810 shares of the technology company’s stock valued at $1,366,000 after buying an additional 4,810 shares in the last quarter. First Foundation Advisors purchased a new position in shares of Trivago N.V. ADS during the first quarter valued at about $521,000. Finally, Sei Investments Co. purchased a new position in shares of Trivago N.V. ADS during the first quarter valued at about $179,000. 11.69% of the stock is owned by hedge funds and other institutional investors.

About Trivago N.V. ADS

Trivago NV is a company based in the Netherlands that operates an online hotel search platform. The platform allows users to search for, compare and book hotels. It gathers information from various third parties’ platforms and provides information about the hotel, pictures, ratings, reviews and filters, such as price, location and extra options.

Analyst Recommendations for Trivago N.V. ADS (NASDAQ:TRVG)

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